Brokers urged to be wary of shady credit repair practices

Brokers are being urged to remain alert to dishonest credit repair and debt management organisations to help better protect their clients. ASIC recently announced a review into the credit repair and debt management sector following reports of dishonest practices. The exploitation of vulnerable customers is being weeded out by the regulator after it claimed some…

Opposition to back Labor’s student debt bill

The Albanese government’s signature student debt-slashing Bill has passed through the House of Representatives, bringing touted relief for millions of graduates one step closer. While Labor could have passed the Bill with its massive 94-seat majority, the Coalition also backed it after Sussan Ley confirmed the opposition would not stand in the way. But the…